Overview

• Jamie Dimon sold the remaining 178,222 shares on Monday, completing the sale of 1 million shares for a total of $183 million.
• This marks the first time Dimon has sold JPMorgan stock since becoming CEO in 2005, a move that surprised many.
• Dimon retains significant holdings in JPMorgan, with direct ownership of about 7.7 million shares after the sale.
• The sale was part of a strategy for financial diversification and preparing for future tax obligations, according to JPMorgan.
• JPMorgan's share price has seen a significant increase, climbing nearly 29% over the past 12 months.